Laserfiche WebLink
r <br />L <br />19. Assignment of Rents; Appointmtnt of Receiver; Lender in Possession. As additional security hereunder. <br />Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall. prior to acceleration under <br />paragraph 17 hereof or abandonment of the Property. have the right ro collect and retain such rents as they become due <br />and payable. <br />Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person. by agent or by <br />judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to collect <br />the rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied first to <br />payment of the costs of management of the Property and collection of rents. including, but not limited to. receiver's fees. <br />premiums on receiver's binds and reasonable attorneys' fees, and then to the sums secured by this Deed of Trust. <br />Lender and the receiver shall be liable to account only for those rents actually received. <br />20. Reconveyance. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee to <br />reeonvey the Property and shall surrender this teed of Trust and all notes evidencing indebtedness secured by this <br />Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or <br />persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any. <br />21. Substitute Trustee. Lender. at Lender's option. may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Trust is <br />recorded. Without conveyance of the Property. the successor trustee shall succeed to all the title. power and duties <br />conferred upon the Trustee herein and by applicable lacy. <br />22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale he sent tit <br />Borrower's address which is the Property .Address. <br />REQUEST FOR NOTICE OF DEFAULT <br />AND FORECLOSURE UNDER SUPERIOR <br />MORTGAGES OR DEEDS OF TRUST <br />Borrower and Lender request the holder of any mortgage. deed ot'trust or other encumbrance H ith alien which has <br />priority over this Deed of Trust to give Notice to Lender. at Lender's address set forth on page one of this DLed of Trust. <br />of any default under the superior encumbrance and of any sale or other foreclosure action. <br />1N WFr%FSS WHFRFOK Borrower has executed this DeecyiSilTnist. <br />SIAIF:Or NttHHASnA. Hall. .. •.•.•............ .......... Cuumsss: <br />On this .... 20.th ........... day of ...August...... 1985... bctilre me. the undersigned, a Notary Puhlic <br />duly commissioned and qualified for said county, personalty cantc .... Lowell. Y. and .Norma. U .Spencer <br />.......... ... I .... I ....... I . , tonic known to he the identical persortIO %%hose n:uncl J arc subx•ribed TO the <br />toregoittg instrument and ackit owledged the execution thercoI to he their _ . ohuv:uy act and decd. <br />WI INE%S my hand and notarial seal at ... ...Grand Island,Neh(raska In Said county. the <br />date aforesaid. <br />My Commissi n e. ratipm. lnlst'StileGo ("Am <br />C. R. h1ILLER <br />M tk ram F eo lust :1. 19148 [1 <br />REQUES'l FOR RF( ONVEl'AW 11.. <br />To Titus I tx.: <br />The undersigned is the holder of the [tote or notes secured h} this teed of Trust. Said note or notes. together with <br />all other indebtedness secured by this Deed of Trust. have been paid in Jull. You are hcrcby directed to cancel said note <br />or notes and this Decd of Trust. which arc dch%cred hcrcby. and to reconvey. -Anhom %t arraim, all the estate now held <br />f by you under this Deed of Trust to the person or persons legally entitled thereto. <br />tDate: . ..... .... ... ...... .. .......... <br />J <br />J <br />N <br />N'7 <br />a e <br />�1 <br />is <br />a <br />w <br />�z <br />4.. <br />a <br />C� <br />